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431 5TH Avenue S # 17 Clinton, IA $ 645,000
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$ 645,000 Get more info
431 5TH Avenue S # 17
$ 645,000
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Share Save

431 5TH Avenue S # 17

Clinton, IA, 52732
$ 645,000
Baths0.0 Sq 7,687

Monthly Estimate*

$ 3,971

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Studio

Multi-Family Home for sale in Clinton, IA

for $645,000. This 7,687 square foot home was built in 1916.

An investment opportunity with 9 of the 17 units currently leased. The apartments are in nice condition and are ready to provide nice ROI for the owner. Many updates and improvements to this property since 2022: - Fire escape - Electrical outlets - Arc fault breakers - Electric service - Water lines - Flooring - All units recently painted - Baseboard heating - Appliances - Updated building exterior - Updated common area fire detection system - Units 1 - 5 completely refinished Landlord pays water, sewer and a trash dumpster for the entire property. Unit 1 has a gas furnace the landlord pays for and an electric heater the tenant pays for. A proforma showing financials when property is fully leased is available by request. Copy of recent property appraisal report is available by request

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Multi-Family Active

Price

$ 645,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 9,751

Style

Year Built

1916

Town/City

Clinton

County/Region

Clinton

MLS | Web ID

QC4255612
Features
General
Cooling Window Unit(s)
Construction Materials Brick
Year Built 1916
Electric Separate Meters
Township N/A
Unit Number 17
Gross Income 0
County Clinton
Net Operating Income -70569
Operating Expense 60818
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 21240
Status Active
Directions South side of 5th Ave S - between S 4th St and S 5th St.
City Clinton
Number Of Units Total 17
MLS Area Iowa - Clinton
Tax Annual Amount 9751.28
Electric Expense 2400
Fuel Expense 741
Trash Expense 212
Water Sewer Expense 11621
Standard Status Active
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Exterior
Building Area Total 7687
Lot Dimensions 120 x 140
Frontage Type Paved
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* Excluded Features
List By
Coldwell Banker Howes & Jefferies Realtors

Broker

dennis.lauver@howesandjefferies.com

Email

Affordability Calculator

$4,784
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,971
Monthly Property Taxes
$813
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/19/2025$645,000 Listed Price

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431 5TH Avenue S # 17, Clinton, IA, 52732 is a Multi-Family Home for sale at $645,000 with 7,687 sqft. 431 5TH Avenue S # 17 is a studio with 0.0 baths and was built in 1916. The property's zip code is 52732 which is in Clinton, IA

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